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20121005
20121005
Search Results 0 to 3 of about 4 (some duplicates have been removed)
optimistic about where we're going. and another very important point for the obama administration. >> so, john, maria is right in part because it has taken away an important talking point from the romney campaign. he can no longer say the president promised to get the unemployment rate under 8%, now at 7.8%. we have one more jobs report to go so who knows. what can mitt romney do to -- for lack of a better term, spin the numbers. >> well, i think people see this and say is that really the best we can do. i think everybody is happy when we see any movement. but, let's face it, unemployment is right under 8%. we aren't seeing -- i believe 500,000 jobs in this report were part time workers. people want jobs and they want even more than jobs they want careers and they want hope. right now they don't see that. they see a president is doing nothing about jobs going overseas, they see a president who adds a small business tax at the time they can least afford it, they see college graduates, half of them coming out and can't find the jobs they want based upon the degrees that they have. and so i
because this is a good thing for the obama administration. jack welch bei one of those. >> what i would say to those that say that we're cooking the books, first of all, it insults the integrity of the labor department, but secondly, it also means that they're not looking closely enough at the numbers, and typically what happens is that analysts put too much emphasis on the jobs report number. that number by virtue of the way it's collected from some 130,000 establishments and it's done through some by fax machine and others, that number is always going to be very variable. it's much like the adp number that we get earlier than even that number, so it's adjusted up and down every month, and so some months it will be down and adjusted upward, and other months it will be up and adjusted downward. >> it's a balance. >> yes. that's going to happen. but what's interesting is that -- >> tell us real quick what's interesting. >> last month it was adjusted upward, and we would expect it to happen this month. >> it's good news all around. thank you, danny. >> here's what we're working on for thi
Search Results 0 to 3 of about 4 (some duplicates have been removed)